Coffee Monthly and Daily Views

Posted by steve on 23rd of Mar 2019 at 05:12 pm

$COFFEE - Chart Link - trading at prices last seen in 2006 - what are you paying? 

$COFFEE - Chart Link - great example of respecting a trend until evidence changes

BKX Updated View

Posted by steve on 23rd of Mar 2019 at 04:26 pm

$BKX - Chart Link - down nearly 10% during last 4 trading days

Major Indexes

Posted by steve on 23rd of Mar 2019 at 11:44 am

$INDU - Chart Link- weekly charts display bearish shooting star candles

$INDU - Chart Link- daily charts show bearish engulfing candles with Friday's selloff wiping out all of Thursday's gains

Nikkei Views Updated

Posted by steve on 23rd of Mar 2019 at 11:06 am

$NIKK - Chart Link - weekly chart displays a declining channel.  The last two weekly candles show price remains contained inside the large bearish engulfing candle. Price has stalled near the upper boundary of its weekly channel. 

$NIKK - Chart Link - daily chart shows a rising channel to monitor. Still below it's 200 day MA and printed a black candle on Friday. 

China Markets

Posted by steve on 23rd of Mar 2019 at 10:41 am

$SSEC - Chart Link  - nearing the .618 FIB on the Weekly chart 

$SSEC - Chart Link - very nice move out of the channel Matt showed a few months ago

$SSEC - Chart Link - short term daily appears to be stalling (potential double top)

CAF - Chart Link - Chinese ETF displays bearish engulfing candle during US market hours on Friday. 

DAX Weekly and Daily Views Updated

Posted by steve on 23rd of Mar 2019 at 10:11 am

$DAX - Chart Link

$DAX - Chart Link

I posted these DAX charts two weeks ago to monitor.  The DAX rallied up to resistance early last week and then reversed down sharply later in the week in reaction to very weak economic data in Germany.  See additional comments on the charts. 

The weakness in Europe on Friday carried over to US Markets (they gapped lower) 

ES 2826 provided a collar 

SPX 10 with Fibs

Posted by steve on 22nd of Mar 2019 at 03:00 pm

ES resistance around 2826 -

Posted by steve on 22nd of Mar 2019 at 02:59 pm

ES resistance around 2826 - let's see how this closes.  Will ad fibs above

GTBIF Updated View From Last Night

Posted by steve on 22nd of Mar 2019 at 02:40 pm

SPX 3 Minute

Posted by steve on 22nd of Mar 2019 at 02:36 pm

$SPX - Chart Link thus far we see an abc bounce

Congrats

Just sold out of PRED at $2.20 for a 98% ...

Posted by steve on 22nd of Mar 2019 at 01:56 pm

Congrats

Nice   

What a day ! Sold 90 puts on QQQ and ...

Posted by steve on 22nd of Mar 2019 at 01:06 pm

Nice   

SPX Daily with Pivots

Posted by steve on 22nd of Mar 2019 at 12:59 pm

$SPX - Chart Link -  SPX bouncing some on first test near 20 day MA and pivot

lamb - go to the

FAZ Updated Views

Posted by steve on 22nd of Mar 2019 at 11:56 am

lamb - go to the newsletter and look at the SPX daily charts (there are links).  SPX 20 day MA around 2800 

Today's strong reversal from a divergent high likely marks a decent top (end of cycle swing high).  Let's see how the SPX closes. 

ES tags yesterday's low

ES 13.75 yday low

Posted by steve on 22nd of Mar 2019 at 11:56 am

ES tags yesterday's low

FAZ Updated Views

Posted by steve on 22nd of Mar 2019 at 11:51 am

LABD Daily View

Posted by steve on 22nd of Mar 2019 at 11:40 am

ES 13.75 yday low

Posted by steve on 22nd of Mar 2019 at 11:39 am

ES 13.75 yday low

Quick Note: Matt has stomach

Posted by steve on 22nd of Mar 2019 at 11:29 am

Quick Note: Matt has stomach flu

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